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File #: 190055    Version:
Type: Resolution Status: Passed
File created: 4/16/2019 In control: COMMON COUNCIL
On agenda: Final action: 5/7/2019
Effective date:    
Title: Substitute resolution approving a Land Disposition Report and authorizing the sale of the City-owned tax deed property at 2543-47 North Dr. Martin Luther King Jr. Drive, in the 6th Aldermanic District.
Sponsors: ALD. COGGS
Indexes: LAND DISPOSITION REPORTS
Attachments: 1. Fiscal Impact Statement, 2. Land Disposition Report, 3. Due Diligence Checklist, 4. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
5/15/20191 MAYOR SIGNED   Action details Meeting details Not available
5/7/20191 COMMON COUNCIL ADOPTEDPass15:0 Action details Meeting details Video Video
4/30/20191 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Individuals appearing: Matt Haessly, Dept. of City Development Dwight Jackson, Pepperpot CateringMKE LLC Deshea Agee, Historic King Drive Business Improvement District
Pass5:0 Action details Meeting details Video Video
4/26/20191 CITY CLERK DRAFT SUBMITTED   Action details Meeting details Not available
4/23/20190 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
4/23/20190 ZONING, NEIGHBORHOODS & DEVELOPMENT COMMITTEE HEARING NOTICES SENT   Action details Meeting details Not available
4/16/20190 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available
Number
190055
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. COGGS
Title
Substitute resolution approving a Land Disposition Report and authorizing the sale of the City-owned tax deed property at 2543-47 North Dr. Martin Luther King Jr. Drive, in the 6th Aldermanic District.
Analysis
This substitute resolution authorizes the sale of City-owned Development Property according to the conditions in a Land Disposition Report pursuant to Section 304-49-5 and 304-49-8, Milwaukee Code of Ordinances.
Body
Whereas, The City of Milwaukee (“City”) acquired 2543-47 North Dr. Martin Luther King Jr. Drive (the “Property”) in October, 2017 through property tax foreclosure; and

Whereas, The Department of City Development (“DCD”) advertised the Property for sale on its website and through MLS and in 2018 as a Request for Proposal (“RFP”); and

Whereas, DCD staff reviewed three proposals received prior to the established deadline; and

Whereas, DCD staff shared the top two proposals (the “Finalists”) with the Bronzeville Advisory Committee (“BAC”); and

Whereas, The Finalists presented to the BAC, and the BAC recommended that Pepperpot CateringMKE Limited Liability Co. (the “Buyer”), or assignee, should acquire and redevelop the Property; and

Whereas, DCD staff concurred with the recommendation of the BAC that the Buyer, or assignee, should acquire and redevelop the Property as summarized in a Land Disposition Report and a Due Diligence Checklist, copies of which are attached to this Common Council File; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that the Land Disposition Report is approved and DCD is authorized to enter into a Purchase and Sale Agreement with the Buyer, or assignee, materially consistent with the Land Disposition Report, and then convey the Property to the Buyer in accordance therewith; and, be it

Further Resolved, That the Commissioner of DCD, or designee, is authorized to sign the Purchase and Sale Agreement, deed...

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